EFTA02443925.pdf

LANDMARK LAND COMPANY, INC. MEMORANDUM TO: Board of Directors, ct. al. FROM: Jerry Barton DATE: March 9, 2010 SUBJECT: Apes Hill — Paul Lamb Martha and I returned last night from 5 days in Barbados. We had very encouraging and constructive conversations with Paul Lamb and are expecting a term sheet by the end of this week or perhaps the beginning of next week concerning a loan he has agreed to make to Landmark. At this point I don't know more, but when I do, I will contact you immediately. EFTA_R1_01519520 EFTA02443925